Star Petroleum Refining Public Company Limited (SET:SPRC) agreed to acquire a 9.91% stake of Thai Petroleum Pipeline Co., Ltd from Chevron Asia Pacific Holdings Limited for THB 1.6 billion on December 6, 2022. The transaction is subject to approval by Star Petroleum Refining Public Company Limited shareholders. As of December 6, 2022, the board of directors of Star Petroleum Refining Public Company Limited approved the transaction.